Connell markets now begins with the news that is breaking. Charlie gasparino joins us from the newsroom. Charlie the little bit bored. It may happen. It is about 4000 people combined. Mergers are never easy. There are always synergies to be found. Publicly, they have said nothing. Spokespeople will not comment. In past segments, they have talked about synergies. Spitzer is contemplating fairly significant cuts. The numbers he is going around are pretty significant. Clearly, job cuts are in the air over there. This is pretty interesting. The New York Stock Exchange keeps a pretty large workforce. Ice is pretty thin. The New York Stock Exchange has a lot of duplication. Twenty lawyers doing the same thing. It is that duplication that he tends to take out as this merger progresses. It is set to close in the fall. After it closes, that is when you can see these job cuts. Large cuts, largely done at the New York Stock Exchange side. The combined cuts could be about 30 of the 4000 people at
There. But you really do see some opportunities. I really do. Its interesting, we talk about the jobs report, 158, good or bad. We talk about gdp, minus one, plus one. All that is a power point. Our economy is sluggish today, and theres no reason for it. We have a wonderful country. We have great resources, we still have a free world, the opportunity to move forward. Heres my message to the leadership in washington, get in the game. Thank you. Join us on monday. Have a great weekend. Squawk on the street starts right now. We have breaking news on this jobs friday. Welcome to squawk on the street. Im melissa lee, with Carl Quintanilla and david faber. Were closing in on 14,000. A leg higher in futures just moments ago. The dow looking at 112 points at the open. The s p 500 looking at about 11 at the open. Of course, this is after the best month for january, since january of 1987. As for the picture over in europe, taking the lead from here in the United States in terms of gains, we do s
We are now live with Condoleezza Rice and former chancellor of new york city Public Schools. They will discuss americas Education System and its impact on security. It is part of a event hosted by the excellence in foundation for education. Right now we are listening to introductory remarks. The first africanamerican woman to hold that post. Shes a former National Security advisor under president george w. Bush. She is also the cofounder of the center for a new generation, which is an innovative afterschool enrichment program, and she is the coauthor of numerous books, including two bestsellers. She is an undergraduate degree from the university of denver, a masters from notre dame, and a phd from the university of denver. Mr. Klein and doctor rice are going to be discussing a report that they have authored, which has been published in march of this year by the council on foreign relations. Among many things, this report notes that while the United States invests more in k12 Public Edu
There were lots of people on sight with signs and banners supporting people doing this civil disobedience, particularly supporting the people who got arrested. So that happened yesterday in phoenix. It went as planned, a successful protest. But then Something Else happened. A bus showed up. And a bus started to pull out of that facility that they had chained themselves to the gates of. And it was a bus that was loaded up with immigrants, who were being forcibly deported out of the country. The protest at the fence, at the gates where the people had chained themselves to the fence there, that had been a protest for Immigration Reform. The protesters were saying, stop splitting up our families, stop breaking parents and children and brothers and sisters and husbands and wives apart from each other, when their only crime is wanting to live here peacefully, together. 1. 7 Million People have been deported under president obama alone. These protesters say they want a moratorium on the depor